One of NEO’s most recent ICOs, Travala.com, has just revealed version 2.0 of Alpha which allows users to make hotel bookings through its blockchain-based platform.
As well as boutique and family-run guest houses, the site enables travellers to book with global hotel chains such as Marriott, Hilton and Hyatt using the AVA token.
— Travala.com (@travalacom) July 21, 2018
Initial reaction has been positive with Twitter users commenting on the savings which can be compared to other, more established hotel-search sites.
I’m amazed at how cheap the Hotel Booking prices are with @travalacom new v.2 release. A quick comparison is showing USD $150 saving on a 1 week holiday form the competition. Ignore my sh*tty MSPaint Screenshot skills. $AVA $NEO #travel #hotel #savings pic.twitter.com/Sx37xM7WOM
— xenzor (@xenzor1) July 22, 2018
REBRAND PAYS OFF
The concentration on deals in Vietnam follows the roadmap which specified an initial rollout in South-East Asia and Australia before advancing into Europe and the Americas next year.
Rebranded from Concierge and launched in an ICO which raised around $2.6 million in April this year, Travala chose to develop a NRP-5 compliant token on the NEO blockchain for the speed and volume of transactions.
The platform itself operates a centralised front-end that allows hotel operators to easily edit and update their listings alongside a decentralised backend that acts as a transparent and secure booking site.
With a free business model that offers vendors 0% booking and commission fees, the company appear to have successfully reduced costs for both the hotel and tourist.
Currently trading at around a third of its ICO price of $0.35, AVA is available on the Switcheo Network.